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Japanese Yen struggles amid widening Trade Deficit, escalating import costs
USD/JPY appreciates after registering modest losses in the previous day, trading around 158.50 during the Asian hours on Thursday.
New Zealand Dollar gathers strength to near 0.5950 after China holds loan rates steady in August
The NZD/USD pair gains momentum to near 0.5950 during the Asian trading hours on Thursday. The pair holds near a two-and-a-half-month high, bolstered by hawkish Reserve Bank of New Zealand (RBNZ) tone and softer US inflation data. Â
China's Commerce Ministry sets anti-dumping tax rates on polyoxymethylene from US, EU, Taiwan and Japan
China's Commerce Ministry on Thursday announced a decision on corporate tax rate for enterprises related to anti-dumping measures on imported polyoxymethylene from the United States (US), the European Union (EU), Taiwan and Japan, Reuters reported.
Australian Dollar declines following weak labor data
AUD/USD depreciates after registering over 0.5% gains in the previous day, trading around 0.7120 during the Asian hours on Thursday. The AUD/USD pair faces downward pressure as the Australian Dollar (AUD) slips in response to a weak domestic labor market report.
Australian Dollar reacts little to dismal jobs data; holds above weekly low vs weaker JPY
The AUD/JPY cross attracts some sellers following the release of a dismal Australian jobs report, though it lacks follow-through and holds above the weekly low touched the previous day.
Australia Part-Time Employment dipped from previous 47KÂ to -32.2K in July
Australia Part-Time Employment dipped from previous 47KÂ to -32.2K in July
Australia Unemployment Rate s.a. registered at 4.5% above expectations (4.4%) in July
Australia Unemployment Rate s.a. registered at 4.5% above expectations (4.4%) in July
Australia Participation Rate in line with expectations (66.9%) in July
Australia Participation Rate in line with expectations (66.9%) in July
Australia Employment Change s.a. came in at -15.8K below forecasts (15K) in July
Australia Employment Change s.a. came in at -15.8K below forecasts (15K) in July
Australia Full-Time Employment down to 16.3K in July from previous 29.3K
Australia Full-Time Employment down to 16.3K in July from previous 29.3K
British Pound edges lower as USD steadies above three-month low; downside seems limited
The GBP/USD pair edges lower during the Asian session on Thursday and retreats further from its highest level since May 11, touched the previous day.
WTI surges above $84.50 as Strait of Hormuz standoff escalate
West Texas Intermediate (WTI) oil price appreciates after registering modest losses in the previous day, trading around $85.50 per barrel during the Asian hours on Thursday.
PBOC sets USD/CNY reference rate at 6.7808 vs. 6.7854 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.7808 compared to the previous day's fix of 6.7854 and 6.7196 Reuters estimate.